Kenya has signed a tripartite agreement to develop a Sh12 billion Special Economic Zone in Mombasa, according to Capital FM Business. The first phase of the project is expected to create 10,000 jobs. The initiative forms part of Kenya's broader strategy to promote export-led manufacturing and attract investment into the coastal region. Officials say the zone is intended to boost industrial activity and strengthen the country's position as a manufacturing hub.

Dangote Group has announced plans to construct a refinery in Kenya with a capacity of 700,000 barrels per day. The company aims for the refinery to cater to East African markets as part of its strategy to enhance its presence in the energy sector across the continent.

Tanzania's Planning and Investment Budget for 2026/27, amounting to TZS 144.85 billion, aims to support a new National Investment Policy and establish five strategic Special Economic Zones (SEZs) to attract over TZS 797 billion. The budget also targets making Tanzania a leading vehicle producer in Africa by 2030 and includes the creation of Youth Industrial SEZs across six regions. Ongoing flagship projects include Hengya Cement, Airtel's 5G rollout, and Songea Sukari's sugar complex.

Kenya has introduced a KES 64.8 billion bond aimed at promoting sustainable development by tying it to environmental and social goals, such as forest conservation and improved electricity access. This financing initiative reflects the country's efforts to integrate economic growth with climate action and social progress, utilizing a sustainability-linked financing structure.

Kenya Power has invested Ksh 765 million in two new electricity substations aimed at improving the quality and reliability of power supply in Kwale and Kilifi counties. According to the utility firm, the Bomani 132/33kV substation in Kilifi County, which is nearing completion, is being constructed at a cost of Ksh 455 million and will serve customers in the coastal region once operational.

The Kenyan government has awarded a Sh154.2 billion contract to China Road and Bridge Corporation (CRBC) for the expansion and modernization of Jomo Kenyatta International Airport, according to Capital FM Business.